Activist investor Elliott Management targets Texas Instruments: 'Investors are concerned'

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Activist investor Elliott Management has taken a $2.5 billion stake in Dallas-based semiconductor giant Texas Instruments, blaming the company for lagging stock market returns and overspending. In the letter to TI's board, Elliott said the company is spending too much on massive capital projec ...